Sanlam Maroc to Absorb Allianz Maroc in Insurance Mega-Merger

Marrakech – The boards of Sanlam Maroc and Allianz Maroc, meeting on March 11 and 12, approved the terms of a merger through which Sanlam Maroc will absorb Allianz Maroc. The deal aims to create a single, better-capitalized player in Morocco’s insurance and reinsurance market. Under the agreed terms, Allianz Maroc’s equity value has been […] The post Sanlam Maroc to Absorb Allianz Maroc in Insurance Mega-Merger appeared first on Morocco World News.

By Adil Faouzi